Is IRM or SBAC cheaper?

On trailing earnings, SBAC is cheaper: IRM trades at a 145.54 P/E and SBAC at 19.32.

Which has grown faster, IRM or SBAC?

Over the past five years, IRM grew revenue faster — IRM at a 11.73% CAGR versus SBAC at 6.18%.

Does IRM or SBAC pay a bigger dividend?

IRM yields 2.61% and SBAC yields 2.72% based on trailing dividends and the latest price.

Is IRM or SBAC more profitable?

SBAC runs the higher net margin — IRM at 3.76% versus SBAC at 35.66%.

Which has been the better investment, IRM or SBAC?

Over the past 10-year, IRM delivered the higher annualized total return — IRM at 19.69% versus SBAC at 6.91%. Past performance doesn't predict future results.

Iron Mountain Incorporated (IRM) vs SBA Communications Corporation (SBAC)

SBAC leads on 9 of 13 compared metrics.

A side-by-side comparison of Iron Mountain Incorporated and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

IRM

Iron Mountain Incorporated

$39.40B

$132.44Real Estate

SBAC

SBA Communications Corporation

$19.49B

$183.76Real Estate

Total return — IRM vs SBAC

growth of $100 · last 27y

IRM +1885.6%SBAC +1969.4%SBAC compounded faster

IRM SBAC

IRM vs SBAC: by the numbers

•IRM is the larger company ($39.40B vs $19.49B market cap).
•SBAC trades at the lower earnings multiple (19.32 vs 145.54 P/E).
•SBAC converts more revenue to profit (35.66% vs 3.76% net margin).
•IRM grew revenue faster over the past five years (11.73% vs 6.18% CAGR).
•SBAC pays the higher dividend yield (2.72% vs 2.61%).

Which is better, IRM or SBAC?

Metric tally: IRM 4 · SBAC 9

It depends on what you're optimizing for:

ValueSBAC(lower P/E)

GrowthIRM(faster 5Y revenue CAGR)

IncomeSBAC(higher dividend yield)

QualitySBAC(higher ROIC)

Metrics side by side

Valuation

Metric	IRM	SBAC
P/E ratio	145.54	19.32●
Forward P/E	50.93	21.89●
P/S ratio	5.46●	6.83
PEG ratio	—	0.48
EV / EBITDA	25.33	19.77●

Profitability

Metric	IRM	SBAC
Gross margin	25.69%	41.61%●
Operating margin	18.01%	47.63%●
Net margin	3.76%	35.66%●
ROE	-14.74%●	-21.71%
ROIC	5.72%	11.03%●

Dividends

Metric	IRM	SBAC
Dividend yield	2.61%	2.72%●
Payout ratio	705.31%	50.86%

Growth (annualized)

Metric	IRM	SBAC
Revenue CAGR (5Y)	11.73%●	6.18%
EPS CAGR (5Y)	-16.26%	113.83%●
Total return CAGR (5Y)	30.08%●	-9.02%

Frequently asked

Which is better, IRM or SBAC?: It depends on your goal. value: SBAC (lower P/E); growth: IRM (faster 5Y revenue CAGR); income: SBAC (higher dividend yield); quality: SBAC (higher ROIC). Across all compared metrics, SBAC leads 9 to 4.
Is IRM or SBAC cheaper?: On trailing earnings, SBAC is cheaper: IRM trades at a 145.54 P/E and SBAC at 19.32.
Which has grown faster, IRM or SBAC?: Over the past five years, IRM grew revenue faster — IRM at a 11.73% CAGR versus SBAC at 6.18%.
Does IRM or SBAC pay a bigger dividend?: IRM yields 2.61% and SBAC yields 2.72% based on trailing dividends and the latest price.
Is IRM or SBAC more profitable?: SBAC runs the higher net margin — IRM at 3.76% versus SBAC at 35.66%.
Which has been the better investment, IRM or SBAC?: Over the past 10-year, IRM delivered the higher annualized total return — IRM at 19.69% versus SBAC at 6.91%. Past performance doesn't predict future results.

Go deeper

Full IRM analysis Full SBAC analysis Interactive comparison tool

Dig into the metrics

Iron Mountain P/E ratio SBA Communications P/E ratio Iron Mountain dividend yield SBA Communications dividend yield Iron Mountain ROE SBA Communications ROE Iron Mountain operating margin SBA Communications operating margin Iron Mountain revenue growth SBA Communications revenue growth Iron Mountain free cash flow SBA Communications free cash flow

Iron Mountain & SBA Communications appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 27, 2026.